Sienna Senior Living Inc. (TSE:SIA) Given Consensus Rating of “Buy” by Brokerages

Sienna Senior Living Inc. (TSE:SIA) has been given a consensus recommendation of “Buy” by the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$26.09.

SIA has been the topic of several recent research reports. ATB Cormark Capital Markets upped their price objective on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Canaccord Genuity Group boosted their price target on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research report on Thursday, May 7th. Scotia upped their price target on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 7th. National Bank Financial raised their price objective on shares of Sienna Senior Living from C$24.50 to C$27.50 and gave the stock an “outperform” rating in a report on Monday, April 20th. Finally, TD raised their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a report on Thursday, May 7th.

Sienna Senior Living Stock Up 1.1%

Shares of TSE SIA opened at C$23.31 on Wednesday. The company has a debt-to-equity ratio of 165.07, a current ratio of 0.60 and a quick ratio of 0.23. The stock has a market capitalization of C$2.47 billion, a PE ratio of 48.56 and a beta of 1.06. Sienna Senior Living has a one year low of C$17.35 and a one year high of C$24.07. The business’s fifty day moving average price is C$22.20 and its 200-day moving average price is C$22.39.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 earnings per share for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%.The company had revenue of C$275.41 million during the quarter. On average, equities research analysts anticipate that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 14th will be given a dividend of $0.078 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.0%. Sienna Senior Living’s dividend payout ratio is currently 195.00%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.